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Thin is in and desktops on diets, say Wealth Management industry IT Managers

Increased flexibility, security and speed of deployment are key benefits, research reports

Reading, UK, June 26, 2014 UK Wealth Management industry IT managers plan to put to their desktops on diets over the next 24 months as research shows thin and zero client adoption looks set to rise from 22% to 39%. The managers say increased speed of deployment, flexibility, better cost structure and easier use and management are the primary benefits of thin client.

Currently 81% of the wealth management companies surveyed run a centralized IT infrastructure, with 83% of organizations using some thin or zero client desktops. The average number of desktops that are thin or zero clients is 22%, with PC's still dominating at 46%. 24% of users are also using notebooks and 19% tablets. But moving forward, IT managers believe that thin clients will be on 39% of desktops within the next two years as companies focus on the benefit of speed of deployment (58%), flexibility (48%), better cost structure (48%) and ease of use and management (48%). However, although thin and zero client use is set to almost double there are still mental obstacles to further implementation. The three top concerns with thin client deployment are: implementation costs (40%), connectivity (40%) and user dissatisfaction when the system goes down (37%).

With almost all those surveyed (96%) saying an increase in the number of thin and zero clients on their desktops was likely or very likely, over a third (38%) also confirmed that this increase could very likely in part come from converting existing hardware into centrally managed thin client-like devices.

The research, conducted by Dynamic Markets on a sample of 50 UK wealth management companies on behalf of IGEL Technology, also found little favoritism among the server-based computing providers with Citrix, VMware and Microsoft software all present in roughly half of all organizations with thin clients.

When it came to the desktop, 67% of the wealth management companies surveyed have more than one brand of thin client, 49% have three or more and 21% use four or more.

"This research demonstrates that wealth management IT managers have a clear view that speed of deployment, better cost structure, ease of use and management are the prime motivators behind their desktop strategy," said Simon Richards, IGEL Technology Managing Director for UK & Ireland. "As a result, thin is in as the best way to bring these advantages to the desktop. But with the mix of technologies and desktop providers, no vendors appear as yet to have convinced the wealth management industry of their vision on how best to deploy a thin desktop environment. It's a case of thin is in but which diet to follow? There is still much for vendors to do to convince the industry of their benefits."

For an executive summary of the research go to: www.igel.com/exec_wealth

About IGEL Technology
A world leader in thin and zero client solutions, IGEL Technology helps organizations improve the agility, efficiency, and security of their virtual desktop and application delivery systems. IGEL produces one of the industry's widest range of hardware thin and zero clients, based on Linux and Microsoft Windows, and leads the market in software based thin clients allowing customers to access a broad spectrum of server-based infrastructures and applications. IGEL also offers powerful and intuitive management software for easy deployment and administration of thin clients throughout any size organization. Partnerships with industry leaders like Citrix, VMware, Red Hat, and Microsoft ensure that IGEL provides the most up-to-date technology and trustworthy security to clients in industries that include Healthcare, Education & Research, Public Sector, Financial, Insurance, Retail, Logistics, and Manufacturing. IGEL has offices in the United Kingdom, Australia, France, the Netherlands, Austria, Belgium, Switzerland, Sweden, the United States, Germany, Hong Kong, Shanghai, Beijing and Singapore and is represented by partners in over 50 countries worldwide. To learn more, visit www.igel.co.uk or follow us on Twitter: twitter.com/IGEL_Technology

Editorial Contacts:

IGEL Technology GmbH
Dr. Frank Lampe
Hanna-Kunath-Str. 31
28199 Bremen
Tel.: 0421 / 52094 1300
Fax: 0421 / 52094 1399
E-Mail: [email protected]
Web: www.igel.com

Amber Group
Paul Smith
Tel: +44 (0)7770 828525
Email: [email protected]

Source: RealWire

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RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

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